Financial Freedom Senior Funding Corp., a reverse mortgage lender owned by IndyMac Bancorp of Pasadena, Calif., has issued three securitizations of home equity conversion mortgages totaling $281 million through Ginnie Mae.

Ginnie Mae announced the bond issues late last month. Two of them carry fixed rates, and the third is pegged to the London interbank offered rate.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.